Durable Power Of Attorney Alabama Pdf

If you violate the alabama uniform power of attorney act chapter 1a title 26 code of alabama 1975 or act outside the authority granted you may be liable for any damages caused by your violation.

Durable power of attorney alabama pdf.

A durable power of attorney allows you to handle another person s financial decisions on their behalf all decisions made must be to the benefit of the person being represented. It is the most common type of power of attorney designation due to its practicality of allowing someone else to handle tax matters and everyday banking for another person. The alabama power of attorney forms must follow the alabama uniform power of attorney act which provides the right for individuals to select someone else to act in their place for financial or health care causes. Download pdf the alabama durable power of attorney form allows a person to choose someone else that will have the capability to act in their place for financial decision making.

The principal is responsible for all actions taken by the selected agent to whom with the durable form will have the right to all monetary related access to the principal s. Instructions in this power of attorney state that such an action will not terminate your authority. Alabama power of attorney is a document that is used for individuals who would like to designate someone else an agent to handle decisions on their behalf for a durable general or limited use this form is most commonly used by a person who would like to have an agent represent them if they are not able to for health reasons not being able to appear at a specified location or when. Alabama durable financial power of attorney form is a statutory document that allows an individual to act in their place for broad or specific financial powers.

If you violate the alabama uniform power of attorney act chapter 1a title. Download pdf the alabama general power of attorney form allows a resident to handle another person s monetary affairs only while the person that is being represented is conscious in a decent state of mind and not suffering from any type of mental instability such as having signs of dementia. Durable power of attorney alabama form pdf the alabama durable power of attorney form allows a person to choose someone else that will have the capability to act in their place for financial decision making. The form has the durable use that remains in effect even if the principal is no longer able to make decisions for themselves due to mental instability.

The meaning of the authority granted to you is defined in the alabama uniform power of attorney act chapter 1a title 26 code of alabama 1975. Liability of agent the meaning of the authority granted to you is defined in the alabama uniform power of attorney act chapter 1a title 26 code of alabama 1975.